1506-8 Higgins St
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1506-8 Higgins St
3 Unit Apartment Building Offered at $1,195,000 in Oceanside, CA 92058
Investment Highlights
- True turn-key opportunity with renovations done in 2024
- Located just 1.2 miles from Oceanside Beach and Oceanside Pier
- Desirable large one-bedroom units
- Premium designer fixtures and finishes; with in-unit washers and dryers, split-level HVAC systems, and private front patios
- Convenient access to Interstate 5 & California State Routes 78 and 76
- Steps away from Joe Balderrama Recreation Center and Park
Executive Summary
Zorbas, Huffman, & Partners of Marcus & Millichap are pleased to present 1506-8 Higgins Street. The three-unit complex sits on 0.11-acres and features a unit mix consisting of three (3) one-bedroom / one-bathroom units averaging 500 square feet.
1506-8 Higgins Street will certainly preserve its desirability due to an ideal location relative to the beach. Residents enjoy immediate access to the neighborhood’s most vibrant nightlife, restaurants, boutiques, Oceanside City Beach, and the Oceanside Pier. The apartment’s prime location within proximity to the beach ensures strong demand from both short-term vacationers and long-term renters seeking the coastal lifestyle. The allure of beachside living often translates to higher occupancy rates and the potential for premium rental prices. All three units were recently remodeled in 2024 with new stainless steel appliances, lighting, cabinets, windows, and flooring. The amenities include in-unit washer and dryer and patios with private yards for each unit.
The property is also near the heart of a thriving downtown Oceanside steeped in new development. The 9-Block Master Plan (MPA) approved by the Coastal Commission, is only 1.5 miles from 1506-8 Higgins Street. The 9-Block Master Plan (MPA) is designed to assure high quality development for visitor oriented commercial facilities and accommodations. The MPA includes an approximate 283 luxury condominium units, 568 hotel rooms, 136 timeshares, and over 75,000 square feet of retail and commercial space. Oceanside’s Transit Center, under 2- miles away, serves as the 78 Corridor’s Transportation Hub connecting Oceanside to the 78 Corridor and regionally with light rail trains running daily. The Transit Center, along with Interstate 5, provide residents with quick access to major employment centers along the 78 Corridor with commuter options to Downtown San Diego, a Tier 1 employment center in the region.
Overall, the combination of prime location, potential for property appreciation, and opportunity for both short-term and long-term rentals makes this three-unit apartment an exceptional investment opportunity with strong potential for long-term financial growth and returns.
1506-8 Higgins Street will certainly preserve its desirability due to an ideal location relative to the beach. Residents enjoy immediate access to the neighborhood’s most vibrant nightlife, restaurants, boutiques, Oceanside City Beach, and the Oceanside Pier. The apartment’s prime location within proximity to the beach ensures strong demand from both short-term vacationers and long-term renters seeking the coastal lifestyle. The allure of beachside living often translates to higher occupancy rates and the potential for premium rental prices. All three units were recently remodeled in 2024 with new stainless steel appliances, lighting, cabinets, windows, and flooring. The amenities include in-unit washer and dryer and patios with private yards for each unit.
The property is also near the heart of a thriving downtown Oceanside steeped in new development. The 9-Block Master Plan (MPA) approved by the Coastal Commission, is only 1.5 miles from 1506-8 Higgins Street. The 9-Block Master Plan (MPA) is designed to assure high quality development for visitor oriented commercial facilities and accommodations. The MPA includes an approximate 283 luxury condominium units, 568 hotel rooms, 136 timeshares, and over 75,000 square feet of retail and commercial space. Oceanside’s Transit Center, under 2- miles away, serves as the 78 Corridor’s Transportation Hub connecting Oceanside to the 78 Corridor and regionally with light rail trains running daily. The Transit Center, along with Interstate 5, provide residents with quick access to major employment centers along the 78 Corridor with commuter options to Downtown San Diego, a Tier 1 employment center in the region.
Overall, the combination of prime location, potential for property appreciation, and opportunity for both short-term and long-term rentals makes this three-unit apartment an exceptional investment opportunity with strong potential for long-term financial growth and returns.
Property Facts
| Price | $1,195,000 | Property Type | Multifamily |
| Price Per Unit | $398,333 | Building Size | 1,500 SF |
| Sale Type | Investment | No. Stories | 1 |
| No. Units | 3 | Year Built/Renovated | 1958/2024 |
| Price | $1,195,000 |
| Price Per Unit | $398,333 |
| Sale Type | Investment |
| No. Units | 3 |
| Property Type | Multifamily |
| Building Size | 1,500 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1958/2024 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
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Walk Score ®
Very Walkable (83)
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1506-8 Higgins St
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